We were lucky up until now while we attributed accidental negativities to external excuses.
Everyone is curious how the crisis in Greece will unfold.
Central Bank Governor Erdem Başçı, who was rumored to have resigned on Thursday, just like Deputy Prime Minister Ali Babacan, spoke to me on the phone in a wry tone of voice. He thanked me for my “get well soon” wishes and said he was using antibiotics
Banking Regulation and Supervision Agency (BDDK) decided late Feb. 3 that 63 percent of the privileged shares that make up the executive board of Bank Asya should be controlled by the Saving Deposit Insurance Fund (TMSF).
As long as Turkey remains distant from pluralistic democracy and the rule of law, and as long as it cannot secure an inclusive political atmosphere that is the most essential requirement of co-existence and economic development, all the economic gains it has achieved will be temporary and unsustainable.
The question is this: The relevant law has been enacted but occupational accidents keep on repeating; we now witness worker deaths on a regular basis.
The Monetary Fund issues a warning report to emerging markets like Turkey, calling for urgent reforms due to its ‘vulnerable’ economy
Two pieces of news from Ankara over the past month carry hints about the future of economic governance in Turkey.
